Veteran trader Peter Brandt is sounding the alarm on Bitcoin, saying it could be in for a massive crash. A Long Time Without New Highs Brandt, who has a huge following on social media, points out that Bitcoin hasn’t hit a new all-time high in eight months. He says this is a bad sign, historically…
Bitcoin ETFs are back in the green! After a rough start to the fourth quarter, spot Bitcoin ETFs saw a massive influx of cash last week, totaling over $308 million. This is a welcome change after the market experienced a net outflow of $300 million in the first week of October. Bitcoin ETFs: A Rollercoaster…
Bitcoin, the biggest cryptocurrency, is showing signs of life! Recent data suggests that demand for Bitcoin is increasing at its fastest rate since April. Could this mean we’re about to see a surge in price? Demand is Back Experts are noticing a significant increase in Bitcoin demand. This is based on a metric called “apparent…
Bitcoin has been pretty quiet in October, but things are starting to heat up again after it crossed the $63,000 mark last weekend. However, there’s a big hurdle it needs to clear before we can really say the bull run is back on. The $64,000 Question An analyst, who goes by the name ShayanBTC, says…
Bitcoin is hanging around $62,000, which is good news after a bit of a dip a few days ago. While things are a little uncertain, some experts are saying that Bitcoin’s wild swings have calmed down recently. This kind of calm often happens right before a big price move, so people are wondering if we’re…
The US cattle industry is taking a big leap into the digital age. A Wyoming company called CattleProof has created a blockchain-based system for tracking cows, and it’s just been approved by the USDA! This makes it the first blockchain-based program for verifying cattle in the US. Tracking Cows with Blockchain CattleProof uses blockchain technology…
A crypto trader recently lost a whopping $35 million in just a few minutes due to a sneaky scam. This wasn’t a hack or a market crash, but a social engineering attack that tricked the trader into signing a “permit” signature. How the Scam Worked The scammer used a phishing technique to convince the trader…
Ethereum (ETH) has been on a bit of a roll lately, with prices jumping up by 4.5% in the past day. That’s good news, right? Well, maybe not so fast. Some market indicators suggest that the party might be over soon. MVRV Signals a Cooling Market One of these indicators is the Market Value to…
Decentraland, a virtual reality platform built on Ethereum, is making waves in the NFT world. According to crypto analytics firm Santiment, Decentraland has seen more development activity than any other NFT project in the past month. Decentraland’s Development Dominance Santiment tracked over 168 notable development events on Decentraland’s GitHub repository in the past 30 days….
A heartbreaking story of a sophisticated scam has left an elderly man devastated and frustrated. The scammer, posing as his daughter, used a clever tactic to trick him into wiring thousands of dollars. How the Scam Worked The scammer, using the daughter’s email address but with a slightly altered domain, contacted the father. The scammer…
